Poured Concrete Foundation & Structure Contractors Industry Profile

Companies in this industry pour and finish concrete foundations and structural elements, and perform pressure grouting and shotcrete work; other services include alterations, maintenance, and repairs. Major companies, all based in the US, include Baker Concrete Construction, Berkel & Company Contractors, Stewart Builders, and United Forming.

China and the US are the world's largest markets for construction, including concrete and masonry contracting. Other major markets also include India, Australia, Switzerland, and the UK.

The US poured concrete foundation and structure contracting industry includes about 21,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $53 billion.

The industry does not include concrete paving of streets, highways, sidewalks, residential driveways, or parking areas.

COMPETITIVE LANDSCAPE

Demand is driven by residential, commercial, industrial, and government-funded construction activity. The profitability of individual companies depends on accurate cost estimation and effective project management. Large companies have economies of scale in marketing and purchasing. Small companies can compete effectively by specializing.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major jobs include pouring and finishing concrete foundations, footings, chimneys, and retaining walls for residential, commercial, government, and institutional building projects. Other services include pressure grouting (reinforcing with concrete), shotcrete installation, concrete floor surfacing, and concrete repair and resurfacing. Majority of the industry's revenue is from the construction for new single detached residential buildings, which account for about 30% of revenue. Other services also include the construction of apartment buildings (15%), commercial warehouses ...